Nov 16, 2012 4:00pm PST
minority leader nancy pelosi said no one at this meeting broached any specific numbers for the overall deal. >> i think it would be good if we did something in a $4 trillion category of deficit reduction, which is similar to the grand bargain that was discussed last year and so that would be a standard that i would have, but i don't want to give you the impression that that was the goal. maybe we could do more. >> senate minority leader mitch mcconnell said the republicans are willing to look at enhanced revenue collection, but only if what he called the real problem, entitlement spending, is also on the table. >> harris: james, we did get our first indications of the timetable for a possible deal today. >> that's true. the congressional leaders said their aim is to try to get to the president's desk some outline of a deal by the week after thanksgiving. >> i outlined a framework of the deal with reforming our tax code and reforming our spending. and i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach.
Nov 19, 2012 6:00am PST
. obviously that's the pending business here in washington. i want to play something nancy pelosi had to say. again, we're in the stakes setting, ground rule laying part of this debate. let's play what pelosi said and we'll come back and talk about it. >> a possible xrcompromise that would lead rates the same but cap for high income earners. is that accept able? >> no. >> not at all? >> no way? >> the president made it very clear in his campaign there are not enough resources. what you just described is a formula and a blueprint for hampering our future. >> so, mark, what we saw on friday congressional leaders meet with president obama. everyone comes out and says, look, we're going to have a deal. what you see here from nancy pelosi, look, this isn't going to be a deal made by simply closing loopholes. what does that mean? though she's not saying it in that clip is we're going to have to raise taxes on the wealthy. are republicans in any position to really fight this? they're going to put up some kind of fight but to carry this on december 25, december 26, as we get closer? >> chris, democr
Nov 16, 2012 3:00am PST
leaders to avoid the fiscal cliff. boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay,